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"Management theory came to life in 1899 with a simple question: “How many tons of pig iron bars can a worker load onto a rail car in the course of a working day?” ... At the end of the day his “method” amounted to a set of exhortations: Think harder! Work smarter! Buy a stopwatch!" Matthew Stewart on the fruitlessness of management science. "According to my scientific sampling, you can save yourself from reading about 99 percent of all the management literature once you master this dialectic between rationalists and humanists. The Taylorite rationalist says: Be efficient! The Mayo-ist humanist replies: Hey, these are people we’re talking about! And the debate goes on. Ultimately, it’s just another installment in the ongoing saga of reason and passion, of the individual and the group."
posted by geoff. on Apr 21, 2011 - 54 comments

What distinguishes great entrepreneurs? "Discussions of entrepreneurial psychology typically focus on creativity, tolerance for risk, and the desire for achievement—enviable traits that, unfortunately, are not very teachable." So Professor Saras D. Sarasvathy (Caution, autoplaying video) of the University of Virginia’s Darden School of Business created a case study to try to determine how they think, "with the goal of transferring that knowledge to aspiring founders." [more inside]
posted by zarq on Feb 10, 2011 - 10 comments

Why Kindergarten children beat Business School graduates at finding solutions.
posted by gman on May 9, 2010 - 28 comments

Is a Woman's MBA Worth Less? $4,600. That's how much less women made than men in their first post-MBA jobs, according to research by Nancy Carter and Christine Silva of Catalyst. And it's not because women tend to start at lower positions than men — though they do start at lower positions than men, on average, that's a separate problem. The research controls for job level and industry. What's more, the salary lines aren't parallel; men's salaries start higher, then rise faster. The gap widens over time, even after controlling for factors like having children or differing aspiration levels. The pay just isn't equal.
posted by infini on May 8, 2010 - 96 comments

"Although the word “entitlement” fits, it’s been used so frequently as to have become inadequate to capture the preening self-regard, the obliviousness to the damage that high-flying finance has inflicted on the real economy, the learned blindness to vital considerations in the pay equation. Getting an education, or even hard work, does not guarantee outcomes. One of the basic precepts of finance is that of a risk-return tradeoff: high potential payoff investments come with greater downside. But how did that evolve into the current belief system among the incumbents, that Wall Street was a sure ride, a guaranteed “heads I win, tails you lose” bet?"
Yves Smith writes an essay on 'indefensible men.'
posted by ennui.bz on Mar 19, 2010 - 38 comments

Why can't Americans make things?
posted by boo_radley on Dec 21, 2009 - 75 comments

In 2010, Obama will have a miserable year, NATO may lose in Afghanistan, the UK gets a regime change, China needs to chill, India's factories will overtake its farms, Europe risks becoming an irrelevant museum, the stimulus will need an exit strategy, the G20 will see a challenge from the "G2", African football will unite Korea, conflict over natural resources will grow, Sarkozy will be unloved and unrivalled, the kids will come together to solve the world's problems (because their elders are unable), technology will grow ever more ubiquitous, we'll all charge our phones via USB, MBAs will be uncool, the Space Shuttle will be put to rest, and Somalia will be the worst country in the world. And so the Tens begin.

The Economist: The World in 2010. [more inside]
posted by goodnewsfortheinsane on Nov 14, 2009 - 60 comments

On the role of MBA-based management culture in the current credit-crisis. Downloadable audio and transcript of a radio show that presents some strong opinions on MBA oriented management culture. [more inside]
posted by jouke on Apr 28, 2009 - 59 comments

Business writer Seth Godin tell readers to forgo the MBA and spend six months in his company. While potential applicants have made use of social networking to show their enthusiasm, others think it's a bad idea. Great opportunity or massive scam?
posted by divabat on Dec 4, 2008 - 42 comments

MBAs Without Borders - the Médecins Sans Frontières of the business world. [via the slightly alarming Springwise]
posted by patricio on Apr 26, 2007 - 17 comments

Want an MBA - without spending half your life doing it? It seems as if Rutgers, the state university of New Jersey has put together a 12 week "no frills" program with "just the essentials" to get what they term a "mini MBA". Now I'm not sure what this "mini" certificate will mean when you go to apply for a job and show it to your prospective employer, but apparently some folks are filling out the classes for $2495 each term. You can read more about it in this pdf, check out page 3.
posted by djspicerack on Mar 10, 2003 - 13 comments

MBA students at Vanderbilt University examine Google's business strategy. Presented in Powerpoint: Google.com, Google: E-Strategy Analysis, A Brief Look at Google and Google: A Strategy Study
posted by andrewraff on Apr 26, 2002 - 6 comments

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